New Commerce Split Fund (TSE:YCM) Shares Cross Below 50 Day Moving Average – Should You Sell?

Shares of New Commerce Split Fund (TSE:YCMGet Free Report) passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of C$4.88 and traded as low as C$4.80. New Commerce Split Fund shares last traded at C$4.80, with a volume of 1,100 shares changing hands.

New Commerce Split Fund Trading Up 2.5 %

The business’s fifty day simple moving average is C$4.89 and its 200 day simple moving average is C$3.88. The stock has a market cap of C$4.41 million and a price-to-earnings ratio of 3.46.

About New Commerce Split Fund

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New Commerce Split Fund is an equity mutual fund launched and managed by Quadravest Capital Management Inc The fund invests in the equity shares of Canadian Imperial Bank of Commerce. It was formerly known as Commerce Split Fund. New Commerce Split Fund was launched on November 27, 2006 and is domiciled in Canada.

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